Thejo Engineering Limited share price

Thejo Engineering Limited designs, develops, manufactures, and supplies rubber and polyurethane based engineering products for bulk material handling systems, mineral processing, and corrosion protection applications in India and internationally. It operates through three segments: Manufacturing Units, Service Units, and Others. The company provides conveyor care products, including belt conveyor splicing and repair solutions, pulley lagging sheets, vulcanizing equipment, and belt coiler and de coiler products, as well as school tool kits, such as hand and power tools, and personal protective equipment; and transfer point solutions comprising belt cleaners and trackers, impact cushion pads,…Read more

Website NSE हिंदी में BSE

IndustrialsSpecialty Industrial MachineryNSE: THEJOISIN INE121N01019

16 Oct 2026, 3:29 PM IST₹1,951.80▼ 12.20 (0.62%)

Market Cap₹ 2,117 Cr.
Current Price₹ 1,951.80
High / Low₹ 2,287 / 1,444
Stock P/E37.8
Book Value₹ 327
Dividend Yield0.25 %
ROCE16.9 %
ROE15.10 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 51.62
Price / Book5.97
OPM10.3 %
Debt / Equity0.12
Sales growth (3Y)10.0 %
Profit growth (3Y)15.0 %
Promoter holding0.0 %
EV / EBITDA25.7
Beta0.59
All-time high₹ 3,708

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
THEJO	-9.50%	+2.59%	+8.51%	+11.88%	+7.23%	+1.19%	+10.05%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

Thejo Engineering Limited is in the Specialty Industrial Machinery industry (Industrials), with a market value of ₹2,117 crore.
It trades at 37.8 times its last 12 months' earnings and 6.0 times book value.
Revenue grew 10.0% a year over the last 3 years, profit 15.0% a year.
Return on equity was 15.1% and return on capital employed 16.9% in the latest year.
Debt was 0.12 times shareholders' equity.
The share price is 14.6% below its 52-week high and up 7.2% over one year.
Promoters and insiders hold about 0.0%; institutions about 0.6%.

Pros

Strong return on equity: 19.4% on average over the last 3 years.
Latest quarter (Jun 2026): sales up 31% and profit up 56% from a year ago.
Borrowings are moderate at 0.12 times shareholders' equity.
Institutional (FII + DII) holding has risen by 3.5 points over 3 years.

Cons

No standout weaknesses in the reported figures.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Thejo Engineering Limited

Employees: 1,761
Head office: Chennai

IndustrialsSpecialty Industrial Machinery

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	Thejo Engineering	1,951.80	37.8	2,117	0.25	15	56.10	178	31.02	16.9	15.1	5.97	10.3	0.12	0.00	632	10.0
2.	Bharat Heavy Electricals	434.60	52.6	1,51,330	0.32	377	-25.32	7,698	-14.41	6.6	6.3	5.79	5.0	0.31	59.82	32,360	13.5
3.	ABB India	6,801.00	92.6	1,44,119	0.43	362	-23.67	3,521	17.75	28.5	22.4	15.44	14.4	0.01	76.34	13,065	15.4
4.	Siemens	3,624.00	88.8	1,29,058	0.49	2,143	406.74	4,714	8.44	16.5	14.7	9.32	9.9	0.01	76.91	17,364	3.0
5.	Cummins India	4,608.00	54.0	1,27,734	1.42	609	15.07	3,375	38.99	35.0	29.5	15.07	20.1	0.00	51.29	11,950	16.1
6.	GE Vernova T&D India	3,959.10	77.3	1,01,371	0.25	363	94.64	1,836	59.31	58.5	55.3	37.68	28.1	0.01	51.74	6,201	31.1
7.	Suzlon Energy	42.00	18.4	57,735	0.00	305	-74.18	3,819	1.21	24.8	40.6	5.90	16.5	0.10	17.64	16,547	41.4
8.	AIA Engineering	3,719.70	27.4	34,712	0.43	301	-1.37	1,168	12.42	19.9	17.0	4.32	26.3	0.00	58.53	4,420	-3.4
9.	Kirloskar Oil Engines	2,025.60	54.0	29,486	0.34	114	-19.85	2,000	13.49	17.9	17.1	8.13	16.3	1.48	42.82	7,641	15.4
10.	TD Power Systems	735.15	83.6	23,631	0.14	86	62.75	640	83.81	30.3	24.7	21.43	17.0	0.02	26.57	1,833	29.2
	Median: 40 Co.	2,824.80	49.5	13,364	0.25	334	6.85	2,687	15.62	22.4	16.6	5.97	13.0	0.02	51.52	9,796	15.4

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	134	150	141	131	133	136	153	136	153	162	181	178
YOY Sales Growth %					-0.44%	-9.54%	8.79%	3.85%	14.74%	19.68%	18.26%	31.02%
	111	121	115	112	117	111	125	119	132	144	157	152
Material Cost %	19%	21%	24%	19%	20%	21%	24%	20%	20%	19%	19%	19%
Employee Cost %	31%	31%	30%	33%	34%	31%	28%	34%	33%	33%	30%	31%
Other Expenses %	32%	29%	28%	33%	34%	31%	30%	34%	33%	36%	37%	36%
Operating Profit	23	29	26	18	17	24	28	16	21	18	24	25
OPM %	17%	19%	18%	14%	13%	18%	18%	12%	14%	11%	13%	14%
	0	2	-0	1	4	-0	0	2	2	2	3	2
Exceptional items										-3
Interest	2	2	1	1	1	1	1	1	1	1	1	1
Depreciation	5	5	6	4	5	5	5	4	2	4	4	5
Profit before tax	17	24	18	13	15	18	22	13	20	12	22	21
	20%	22%	25%	27%	16%	24%	25%	27%	29%	29%	23%	27%
Current tax	4	6	5	4	5	5	6	3	6	4	6	5
Deferred tax	-0	-0	-1	-1	-2	-1	-0	0	0	-0	-1	1
	14	19	13	10	12	14	17	10	14	8	17	15
Minority share	0	2	1	0	0	1	1	0	-1	-1	1	-1
Profit to shareholders	13	17	12	10	12	13	15	9	15	9	16	16
YOY Profit Growth %					-9.16%	-26.85%	23.30%	1.58%	14.86%	-39.39%	0.06%	56.10%
EPS in Rs	12.25	16.16	11.60	8.90	10.99	12.14	14.04	8.69	13.92	8.20	14.60	14.90
Raw filing

₹ Cr	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	99	97	100	100	102	112	123	111	126	133	145	144
YOY Sales Growth %					2.25%	15.16%	23.01%	10.84%	24.27%	18.80%	17.26%	30.45%
	81	78	85	81	82	90	100	95	103	114	120	122
Material Cost %	22%	20%	26%	21%	19%	21%	26%	22%	20%	20%	21%	23%
Employee Cost %	26%	30%	30%	30%	30%	27%	25%	31%	30%	29%	26%	28%
Other Expenses %	33%	31%	29%	30%	32%	32%	29%	33%	32%	37%	36%	34%
Operating Profit	19	19	16	19	20	22	23	15	23	19	24	23
OPM %	19%	20%	16%	19%	20%	20%	19%	14%	18%	14%	17%	16%
	0	1	-0	0	1	0	0	1	2	1	3	1
Exceptional items										-3
Interest	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	3	4	5	3	4	4	4	3	1	2	2	2
Profit before tax	15	16	10	15	16	18	19	13	23	14	24	20
	26%	26%	26%	26%	26%	26%	26%	26%	26%	25%	25%	26%
Current tax	4	4	2	4	4	5	5	3	5	4	6	5
Deferred tax	-0	-0	-0	-0	-0	-0	-0	-0	0	-0	0	0
	11	12	7	11	12	13	14	9	17	11	18	15
YOY Profit Growth %					8.98%	12.47%	94.13%	-16.53%	45.66%	-17.00%	27.43%	61.31%
EPS in Rs	10.13	10.76	6.65	10.47	10.91	11.98	12.81	8.69	15.89	9.94	16.32	14.02
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	559	553	632	674
YOY Sales Growth %		-1.19%	14.36%
	459	465	552	585
Material Cost %	21%	21%	20%	19%
Employee Cost %	31%	31%	33%	32%
Other Expenses %	30%	32%	35%	36%
Operating Profit	100	88	80	89
OPM %	18%	16%	13%	13%
	3	5	10	10
Exceptional items			-3	-3
Interest	6	5	5	5
Depreciation	20	19	15	17
Profit before tax	77	68	67	74
	23%	23%	27%	27%
Current tax	19	20	19
Deferred tax	-1	-4	-1
	59	52	49	54
Minority share	4	2	-0	-2
Profit to shareholders	56	50	49	56
YOY Profit Growth %		-11.91%	-6.62%
EPS in Rs	51.86	46.07	45.41	51.62
Dividend Payout %	4%	7%	11%

Compounded Sales Growth

TTM:: 21%

Compounded Profit Growth

TTM:: 4%

Stock Price CAGR

5 Years:: 10%
3 Years:: 1%
1 Year:: 7%

Return on Equity

4 Years:: 19%
Last Year:: 15%

₹ Cr	Mar 2024	Mar 2025	Mar 2026	TTM
	392	436	514	548
YOY Sales Growth %		11.46%	17.82%
	322	352	432	459
Material Cost %	22%	22%	21%	21%
Employee Cost %	28%	28%	29%	28%
Other Expenses %	32%	31%	34%	35%
Operating Profit	69	84	82	89
OPM %	18%	19%	16%	16%
	2	1	7	7
Exceptional items			-3	-3
Interest	4	4	4	4
Depreciation	15	15	8	7
Profit before tax	51	67	74	82
	26%	26%	26%	25%
Current tax	14	18	18
Deferred tax	-1	-1	1
	38	50	55	61
YOY Profit Growth %		31.42%	10.27%
EPS in Rs	35.46	46.17	50.84	56.17
Dividend Payout %	6%	7%	10%

Compounded Sales Growth

TTM:: 22%

Compounded Profit Growth

TTM:: 27%

Stock Price CAGR

5 Years:: 10%
3 Years:: 1%
1 Year:: 7%

Return on Equity

4 Years:: 19%
Last Year:: 15%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	11	11	11	11
Reserves	186	240	287	344
	45	43	30	41
Long term borrowings	10	8	1	1
Short term borrowings	6	6	2	4
	123	121	119	153
Trade payables	47	41	41	62
Minority interest	23	22	23	25
Current liabilities	103	103	98	133
Total Liabilities	364	414	446	549
	113	110	130	168
Gross block	145	160	198	256
Accumulated depreciation	31	50	68	88
Goodwill & intangibles	1	1	1	1
CWIP	2	3	28	16
	249	302	288	365
Inventories	59	62	66	80
Trade receivables	108	136	134	173
Cash & equivalents	43	60	66	35
Current assets	246	297	306	359
Total Assets	364	414	446	549

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	59	52	73	39
Profit for the year	32	56	50	49
Working capital changes	7	-33	-1	-30
Direct taxes paid	-13	-18	-19	-21
	-50	-19	-44	-59
Fixed assets purchased	-49	-23	-41	-35
Fixed assets sold	0	2	0	0
	-8	-15	-22	-10
Proceeds from borrowings	7	12	7	5
Repayment of borrowings	-8	-14	-18	-3
Interest paid	-5	-6	-5	-5
Dividends paid	-3	-2	-3	-5
Net Cash Flow	0	18	6	-31
Free Cash Flow	9	29	32	4

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	16.5%	24.9%	18.2%	15.1%
ROCE	18.6%	26.1%	20.7%	16.9%
Operating margin	10.0%	14.3%	12.4%	10.3%
Net margin	6.8%	10.0%	9.1%	7.8%
Debt / equity	0.23	0.17	0.10	0.12
Current ratio	2.39	2.89	3.12	2.70
Debtor days	83	89	89	100
Inventory days	100	94	102	102
Days payable	81	61	64	79
Cash conversion cycle	102	122	127	123
Working capital days	110	127	138	131

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 53.61%
FIIs 0.85%
DIIs 3.38%
Public 42.17%

%	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	54.22%	54.15%	54.02%	53.64%	53.63%	53.62%	53.62%	53.62%	53.62%	53.61%	53.61%	53.61%
			0.49%	0.12%	0.23%	0.66%	0.67%	0.65%	0.66%	0.79%	0.84%	0.85%
Foreign portfolio investors (Cat. I)			0.49%	0.12%	0.23%	0.66%	0.67%	0.65%	0.65%	0.77%	0.84%	0.84%
Foreign portfolio investors (Cat. II)										0.01%
	0.72%	0.72%	0.76%	0.89%	2.41%	2.45%	3.02%	3.20%	3.34%	3.14%	3.17%	3.38%
Mutual funds				0.14%	1.70%	1.74%	1.82%	1.89%	1.97%	0.56%	0.49%	0.49%
Alternative investment funds	0.72%	0.72%	0.76%	0.75%	0.72%	0.72%	1.20%	1.31%	1.37%	2.58%	2.69%	2.89%
	45.06%	45.13%	44.72%	45.36%	43.72%	43.27%	42.69%	42.53%	42.38%	42.46%	42.37%	42.17%
Retail (up to ₹2 lakh)	10.00%	10.15%	11.12%	12.23%	12.38%	12.54%	12.79%	11.73%	11.77%	11.61%	12.03%	12.34%
HNIs (above ₹2 lakh)	18.22%	18.08%	17.08%	16.78%	15.51%	15.49%	14.84%	14.84%	14.60%	14.85%	14.14%	13.85%
NRIs	0.29%	0.30%	0.36%	0.42%	0.46%	0.53%	1.01%	1.04%	1.08%	1.17%	1.22%	1.23%
Bodies corporate	4.75%	4.79%	4.28%	3.83%	3.49%	2.87%	2.30%	1.86%	1.93%	1.94%	2.01%	2.07%
No. of Shareholders	1,449	3,611	4,342	5,468	7,249	7,743	7,670	8,045	8,345	8,070	7,909	8,000

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Thejo Engineering

Holder (above 1%)	Stake
Mauryan India FundAIF	1.54%

As named in the shareholding pattern for Jun 2026 filed with NSE; mutual funds together hold 0.49% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 18 Aug 2026
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

Thejo Engineering (THEJO.NS) Slips 5% to ₹2066, Testing Lower Support Zone - Sign of Weaknesshttps://www.siam.in/ · 2 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Thejo Engineering Limited

What is the share price of Thejo Engineering Limited today?

Thejo Engineering Limited (THEJO) last traded at ₹1,951.80 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of Thejo Engineering Limited?

About ₹2,117 crore at the latest price.

What is the P/E ratio of Thejo Engineering Limited?

About 37.8 times its earnings over the last 12 months.

Is Thejo Engineering Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy Thejo Engineering Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Thejo Engineering Limited share price

Price chart

Quick take

Pros

Cons

AI analysis

About Thejo Engineering Limited

Peer comparison

Quarterly Results

Profit & Loss

Projection — your assumptions

Related party transactions

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Compounded Sales Growth

Compounded Profit Growth

Stock Price CAGR

Return on Equity

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Mutual funds & institutions holding Thejo Engineering

Documents

Announcements

Annual reports

Credit ratings

Concalls & investor meets

Key dates

Trade with our broking desk

Latest news

In the news

From the company (NSE)

Questions about Thejo Engineering Limited

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